Alok Sanghi settles his ₹84 crore personal guarantee dispute with Ambuja Cements at the NCLAT, effectively concluding the ongoing legal conflict in June 2026.

NCLAT quashes Embassy Development insolvency case over a ₹202 crore claim, citing Section 10A protections for defaults during the pandemic-era lockdown period.

Raheja Developers faces ongoing insolvency proceedings for its Raheja Shilas project in Gurugram as the NCLAT mandates full buyer settlements for closure.

The Insolvency Code amendment empowers land authorities to join creditor meetings, potentially accelerating bankruptcy resolution for distressed projects.

Proposed IBC reforms by IBBI aim to resolve delays, ensure fair claims, and enhance transparency, offering relief to homebuyers and strengthening the real estate resolution framework.

The Mumbai NCLT invalidated Wadhwa Buildcon's promoter's resolution plan. The resolution professional (RP)'s suspicious conduct and the promoter's willful default status revealed the decision.